Question: Pivot Table: Count of Outperform/Underperform Column Labels Row Labels Outperform Underperform Grand Total Russell 2000 Growth TR USD 16% 84% 100% Russell 2000 TR USD

Pivot Table:

Count of Outperform/Underperform Column Labels
Row Labels Outperform Underperform Grand Total
Russell 2000 Growth TR USD 16% 84% 100%
Russell 2000 TR USD 24% 76% 100%
Russell 2000 Value TR USD 43% 57% 100%
S&P 500 Growth TR USD 0% 100% 100%
S&P 500 TR USD 9% 91% 100%
S&P 500 Value TR USD 40% 60% 100%
Grand Total 13% 87% 100%

Describe the results of the analysis reflected in the pivot table. Did active management work? Address the following:

i) Identify which categories underperformed and which outperformed.

ii) State what your overall results indicate about the validity of active management. Will rate if answer is correct

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